What Does it Take to Be an Environmental Economist?
Position Description Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.
Life As an Environmental Economist: What Do They Do?
- Assess the costs and benefits of various activities, policies, or regulations that affect the environment or natural resource stocks.
- Identify and recommend environmentally friendly business practices.
- Develop environmental research project plans, including information on budgets, goals, deliverables, timelines, and resource requirements.
- Develop programs or policy recommendations to promote sustainability and sustainable development.
- Interpret indicators to ascertain the overall health of an environment.
- Write social, legal, or economic impact statements to inform decision makers for natural resource policies, standards, or programs.
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Environmental Economist Needed Skills
These are the skills Environmental Economists say are the most useful in their careers:
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Writing: Communicating effectively in writing as appropriate for the needs of the audience.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Judgment and Decision Making: Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Active Learning: Understanding the implications of new information for both current and future problem-solving and decision-making.
Related Job Titles
- Energy Economist
- Environmental Economist
- Marine Resource Economist
- Agricultural Economist
- Environmental Protection Economist
What Kind of Environmental Economist Job Opportunities Are There?
In 2016, there was an estimated number of 21,300 jobs in the United States for Environmental Economist. New jobs are being produced at a rate of 6.1% which is above the national average. The Bureau of Labor Statistics predicts 1,300 new jobs for Environmental Economist by 2026. Due to new job openings and attrition, there will be an average of 1,600 job openings in this field each year.
The states with the most job growth for Environmental Economist are Alabama, Louisiana, and Washington. Watch out if you plan on working in Wyoming, West Virginia, or Vermont. These states have the worst job growth for this type of profession.
Do Environmental Economists Make A Lot Of Money?
The typical yearly salary for Environmental Economists is somewhere between $58,130 and $182,560.
Environmental Economists who work in District of Columbia, Virginia, or Maryland, make the highest salaries.
How much do Environmental Economists make in different U.S. states?
| State | Annual Mean Salary |
|---|---|
| Alabama | $103,740 |
| Alaska | $85,970 |
| Arizona | $93,350 |
| Arkansas | $75,380 |
| California | $124,430 |
| Colorado | $104,350 |
| Connecticut | $95,450 |
| Delaware | $86,850 |
| District of Columbia | $134,260 |
| Florida | $105,230 |
| Georgia | $111,570 |
| Hawaii | $98,100 |
| Idaho | $61,130 |
| Illinois | $108,690 |
| Indiana | $84,740 |
| Iowa | $87,530 |
| Kansas | $72,600 |
| Louisiana | $103,070 |
| Maryland | $116,870 |
| Massachusetts | $117,680 |
| Michigan | $90,040 |
| Minnesota | $81,720 |
| Mississippi | $75,450 |
| Missouri | $112,240 |
| Montana | $89,980 |
| Nebraska | $81,010 |
| Nevada | $79,170 |
| New Hampshire | $74,570 |
| New Jersey | $100,500 |
| New Mexico | $87,680 |
| New York | $127,520 |
| North Carolina | $81,470 |
| Ohio | $125,490 |
| Oklahoma | $76,500 |
| Oregon | $87,420 |
| Pennsylvania | $87,630 |
| South Carolina | $68,550 |
| Tennessee | $83,350 |
| Texas | $106,480 |
| Utah | $88,280 |
| Vermont | $96,620 |
| Virginia | $126,080 |
| Washington | $95,010 |
| West Virginia | $68,430 |
| Wisconsin | $80,070 |
What Tools do Environmental Economists Use?
Below is a list of the types of tools and technologies that Environmental Economists may use on a daily basis:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Microsoft Outlook
- Web browser software
- Microsoft Access
- MySQL
- The MathWorks MATLAB
- SAS
- Microsoft Visual Basic
- IBM SPSS Statistics
- Minitab
- C
- StataCorp Stata
- Wolfram Research Mathematica
- Formula translation/translator FORTRAN
- Insightful S-PLUS
- ESRI ArcGIS software
- Aptech Systems GAUSS
How do I Become an Environmental Economist?
Individuals working as an Environmental Economist have obtained the following education levels:
How many years of work experience do I need?
Where do Environmental Economists Work?
Environmental Economists work in the following industries:
References:
Image Credit: Bernard Ladenthin via Public domain
More about our data sources and methodologies.
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